Thrive Counseling Center

Analysis

Thrive Counseling Center is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in June 1945, 81 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Thrive Counseling Center reported income of $3.0m and spending of $3.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.0m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrive Counseling Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Mercy Health Clinic Inc ($3.0m), Chelsea Jewish Community Inc ($3.0m) and Academy of Nutrition and Dietetics Foundation ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $90k (2.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.4m against liabilities of $299k, net assets of $3.1m. It reported 66 employees.